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255 - 263 Glenferrie Rd
Malvern VIC 3144
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Sold on 22 Mar 2022

255 - 263 Glenferrie Rd Malvern VIC 3144

  • Shop & Retail
  • 1 m²
  • Sold

5 Striking Glenferrie Road Shops + Major Land With Untapped Potential

  • Massive Underlying Land
  • Rare Landbank/Investment
  • 5 Individual Freehold Titles

Stonebridge Property Group is pleased to present for sale 255-263 Glenferrie Road, Malvern.

- A commanding Glenferrie Road investment/landbank with unrivalled street exposure to one of Victoria's most sought-after retail precincts

- 5 separate double level buildings all with multiple front & rear access points allowing for mixed use/multi-tenant capability

- Set to provide a fully leased income of $302,888* per annum (currently 80% leased to a mix of longstanding tenants)

- Flexible Commercial 1 Zoning, 632 sqm* of underlying land, 20.7m* of Glenferrie Road frontage, rear access and neighbouring non-residential properties to the north/west provide scope for favourable development provisions (STCA)

- Located on the prestigious Glenferrie Road retail precinct near the intersection of High Street, anchored by major supermarkets, national retailers & public transport (tram & train)

- Bordering Glenferrie Road are the affluent suburbs of Malvern and Armadale, both suburbs boast median house prices north of $2.5m - highlighting a high level of wealth & demand within the immediate area

*Approx.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

Stonebridge Property Group:

Nic Hage
0448 782 594

Rorey James
0439 400 081

Kevin Tong
0422 848 818

Sarah Xi
0468 320 297

Property Code: 367

AUCTION

Auction date and time18/03/2022 12:30
Auction locationSee description

Property Highlights

Date Sold22 Mar 2022
Floor Area1 m²
Land Area632 m²
ParkingAsk Agent
Property ID2017572651
Category
Last updated  22 Mar 2022
Map for 255 - 263 Glenferrie Rd Malvern VIC 3144

Property Highlights

Date Sold22 Mar 2022
Floor Area1 m²
Land Area632 m²
ParkingAsk Agent
Property ID2017572651
Category
Last updated  22 Mar 2022

Co-Agents

Rorey James
Stonebridge Property Group VIC
Call
+61 439 400 081
Nic Hage
Stonebridge Property Group VIC
Call
+61 448 782 594
Kevin Tong 汤聪瑜
Stonebridge Property Group VIC
Call
+61 422 848 818
Sarah Xi 席子棠
Stonebridge Property Group VIC
Call
+61 468 320 297

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